$ONT /USDC – SHORT TRADE SIGNAL🔴
REJECTION AT $0.1232 SUPPLY ZONE
LOWER HIGHS AND LOWER LOWS ON THE 4H
BEARISH STRUCTURE STILL INTACT
$ONT is showing weakness after failing to hold above $0.1217, facing repeated rejection at the $0.1230 level. The price is now trading below key short-term moving averages with fading buyer volume, indicating a potential continuation to the downside.
🔴 Short Trade Setup:
• Entry Zone: $0.1205 – $0.1217
• Take Profit (TP): $0.1130
• Stop Loss (SL): $0.1245
Market Outlook:
If bears maintain pressure below $0.1217, $ONT is likely to revisit the $0.1130 support zone. Watch for breakdown confirmation on mid-timeframes.
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